Davis Polk Tops Bloomberg, MergerMarket Rankings for First Quarter of 2013
Landing advisory roles on two of the biggest deals of the year's first three months—the $28 billion sale of Heinz and Comcast's $16.7 billion purchase of the remainder of NBCUniversal—helped push Davis Polk & Wardwell to the top of two rankings released Monday of legal advisers based on the total value of their corporate clients' M&A transactions for the quarter. The firm also claimed the top spot on Thomson Reuters's rankings last week.Global Pro Bono Deal of the Year: Jones Day (Embrace Innovations); Latham & Watkins (REBBL, Inc.)
Honoring two law firms that used private-sector financial wizardry to tackle tough problems of international development.Litigator in the Spotlight / Dealmaker in the Spotlight
Winston & Strawn's Bruce Braun; Dewey & LeBoeuf's Keith Flaum and Jane RossBBC's Savile Inquiry Yields $1.4 Million for Reed Smith
The British Broadcasting Corporation disclosed The Am Law 100 firm's fees this week as part of a final accounting of costs related to one of three investigations into how the publicly funded broadcaster responded to sexual abuse allegations leveled against longtime BBC TV personality Jimmy Savile.Debevoise, Milbank Top Verizon's Record-Setting Bond Sale
The two Am Law 100 firms have landed lead roles on a record-breaking $49 billion bond sale by Verizon Communications, which will use the proceeds to help finance the company's $130 billion acquisition of Verizon Wireless from joint venture partner Vodafone.In Rare Departure, Milbank Partner Leaves Firm to Rejoin Ex-Dewey Colleagues at Weil
Milbank, Tweed, Hadley & McCloy doesn't lose too many partners to rival firms. But for Paul Wessel, the former head of Milbank's compensation and benefits group, the opportunity to lead a similar practice at Weil, Gotshal & Manges and rejoin several former colleagues from Dewey Ballantine was too good to pass up.Cravath Helps Pilot Delta Air Lines to Virgin Alliance
Simpson Thacher & Bartlett and Herbert Smith Freehills are advising U.K.–based carrier Virgin Atlantic Airways on the proposed deal, which would see the U.S. airline gain access to precious peak-period runway slots at London's Heathrow Airport.Trending Stories
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